Amazon stock jumps 3 percent after Buffett reveals colleague’s stake

Amazon stock jumps 3 percent after Buffett reveals colleague’s stake

Warren Buffett called himself an ’idiot’ for not buying stock in Amazon, but said someone at his investment firm, Berkshire Hathaway, is making up for his lack of foresight. Details about the transactions are expected to be revealed in a future regulatory filing. Shares in Amazon.com rose 3 per cent Friday, making a high for the year. The stock is up 30 per cent so far in 2019.

KCooper
KCooper
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